+14 Photos

SOLD

150 Edith Street, Innisfail, QLD, 4860

Properties / Sold / Queensland / Innisfail

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

997 m² (*approx)

Floor Area

840 m² (*approx)

Property Type

Retail, Child/Healthcare, Offices

Sub-type

Large Format, Vets, Office Suites, Mixed Use

Terms

Brand new Ten (10) year lease to 2032 plus options to 2042

Est. Income

$108,000 p/a

Fully Leased

Pets Domain

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2. Property Highlights

Brand New 10 Year Lease to Pets Domain | Building Refurbished in 2022

Long 10 year net lease to 2032
Generous annual rent increases
Landlord friendly lease

Burgess Rawson is pleased to offer to market the Pets Domain located at 150 Edith Street, Innisfail QLD, for sale via Offers to Purchase.

The property has the following investment highlights:

+ Brand new ten (10) year lease to 2032 plus options to 2042

+ Generous annual rent increases, the greater of CPI or 3%

+ Investor preferred net lease terms with Pets Domain paying all usual outgoings as per lease

+ Pets Domain: national operator with 65 locations across eastern seaboard

+ Single tenanted, minimal management investment

+ 840sqm* building refurbished in 2022 with extensive tenant fit-out

+ Prominent 997sqm* landholding with important 7 car parks servicing the tenancy

+ Dual street frontage with electric roller door at the rear

+ Huge exposure to Bruce Highway with 13,453* vehicles passing daily

+ Perfectly situated within LFR precinct amongst Bunnings, Burson Auto, Nissan, BCF, Supercheap Auto and Repco

+ Innisfail: commercial service centre off the Cassoway Coast

+ Net Income: $108,000 pa* + GST

For Sale by Offers to Purchase.

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx.

Remember to mention you found this property on CommercialReady